Why are small businesses targeted by hackers?

Hackers will often use cyber attacks on smaller businesses because there is less sophistication in the cybersecurity of the company and computer system along with a greater ease for hackers to take information or financial resources.

Why are small businesses vulnerable to cyber attacks?

In most cases, small businesses don’t possess the tools to detect an attack, let alone track down the perpetrator. When a business owner has money or information (or both) stolen from them, they don’t have a way of finding out who was behind the act. This makes them easy yet lucrative targets for cybercriminals.

Why do companies steal data?

Protecting your intellectual assets, customer details and financial information is vital for many reasons, not least because identity theft remains a significant threat for individuals and businesses alike, and fraudsters rely on the information they can harvest from unsuspecting organisations to perpetrate these kind …

What is the most common reason why does data breach occur?

The vast majority of data breaches are caused by stolen or weak credentials. If malicious criminals have your username and password combination, they have an open door into your network.

Are small businesses targeted by hackers?

Unfortunately, hacking isn’t just for the big boys — small businesses are facing an unprecedented threat of cyberattacks. According to a study by security software company, Symantec, 36 percent of all targeted attacks recently have been made against businesses with fewer than 250 employees.

How many small businesses get hacked?

1 for criminals and represented 43\% of all 2019 data breaches. So far, many small businesses have been lucky. Only 14\% of small businesses say they have been hacked, according to the results of the Q3 CNBC | Momentive Small Business Survey.

Can a company steal your data?

Protect Your Company from Employee Data Theft It’s important to understand that not all employees will have the intent to steal data. However, it is also possible for corporate data to be stolen simply because of employee ignorance or lax security practices.